Using Arbitration to Resolve Business Disputes

Using Arbitration to Resolve Business Disputes

Partnership Dispute
Sometimes, a legal conflict arises regarding your business that you cannot resolve by simply talking to the other party. Whether the dispute involves a breach of contract, a shareholder or partner disagreement, or an employment complaint, it may need to be escalated and one party may need to take legal action to resolve the matter. The litigation process can be complicated and costly for all parties involved but, fortunately, not all disputes have to go to court. To discuss how you can resolve your business-related conflict, contact a business lawyer in Houston as soon as possible. There are alternative dispute resolution (ADR) methods that help parties avoid litigation, and these include mediation and arbitration. Arbitration is common among businesses, and it requires each party to present its arguments to an…
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Handling Disputes Between Business Partners

Handling Disputes Between Business Partners

Partnership Dispute
Starting a company with one or more partners can be valuable, as partners can each use their strengths to help balance out each other’s weaknesses when it comes to business. However, there will always come a time when a partnership dispute arises on an issue related to the operations, finances, or leadership of the company. When a partnership dispute is not properly addressed, it can have a detrimental effect on the entire business. It is important to handle these disputes in the most effective way possible with as little effect on or interruption to your business. Look at your partnership agreement - Every partnership should have a carefully drafted partnership agreement, which advises how conflicts should be resolved, among many other things. Often, this agreement will provide enough guidance for…
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